Fix and Flips

1 YEAR

8.99-11.99%

*NO PRE-PAYMENT PENALTY

This is a great program for fix and flip investors with up to 100% of rehab costs funded in draws.

2 YEAR

8.99-11.99%

*PRE-PAYMENT PENALTY REDUCED TO 3 MONTHS

The two-year loan program offers you the investor the ability and flexibility to have two investment strategies. Fix & Flip and a backup of buy, fix and hold. If the fix and flip doesn't go as planned you have the peace of mind knowing you have time as well as the option to refinance into a long term 30-year loan.

General Guidlines

  • Single Family Residential: SFR, 1-4 Units, Condos/Townhomes
  • Loan Amount: $75K-$5 Million
  • Non-owner Occupied Only
  • Lending: NATIONWIDE
  • Purchase: 75-85% LTV
  • Rehab: Up to 100% of Rehab Costs
  • Refinance/Cash Out: 65%
  • Interest-Only Payments
  • Background and Credit check Only
  • Borrower’s Minimum Fico: 600*
  • *Lower credit scores will be considered on a case by case basis

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